The Advanced Carbons Company (TACC), a wholly owned subsidiary of HEG, has entered into a Non-Binding Memorandum of Understanding (MOU) with Ceylon Graphene Technologies (CGT) with regard to advancing graphene technology and unlocking its vast potential for diverse applications.
CGT, a LOLC company based in Sri Lanka, is a global expert in graphene production. Leveraging Sri Lanka's premium vein graphite, renowned for its purity and backed by its expertise in material science, CGT aims to be at the forefront of delivering innovative and high-quality graphene products. TACC, part of the LNJ Bhilwara Group, is known for its expertise in synthetic graphite and commitment to sustainable, green technologies.
This MoU establishes a strategic collaboration between TACC and CGT to jointly explore the manufacturing of graphene and its derivates, leveraging Sri Lanka's premium vein graphite and TACC's synthetic graphite expertise.
A key aspect of the partnership is the establishment of a state-of-the-art graphene manufacturing facility at TACC’s India-based premises. This facility will facilitate large-scale production, ensuring the delivery of sustainable and innovative graphene products to global markets.